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Strengthening governance and transparency of open end fund pricing

We are pleased to announce the launch of the Open end Fund Pricing consultation paper, representing the second phase of an industry-wide project conducted in collaboration with AREF, offering insights into the complexities around the pricing of institutional open end real estate funds. You can download the paper below.

The consultation paper which includes a highly relevant section related to pricing policy during exceptional market circumstances, introduces a practical set of recommendations for investment managers to consider for active monitoring and governance of pricing models and their assumptions.

The paper seeks to ensure that pricing models are designed and implemented to deliver fair and transparent outcomes for all investors. The recommendations are also aimed at facilitating the development of larger scale ODCE vehicles. 

Members are invited to give feedback on the recommendations and insights laid out so far in the industry wide consultation paper. All comments will be considered by INREV and an assessment will be made if the recommendations can be reflected in a future update of the INREV Guidelines.

For more information on the consultation paper, members are invited to join a briefing call with John Ravoisin, PwC, Nick Brown, M&G Real Estate and Robert White, EY  on 18 June at 11:00 CET / 10:00 UK time.

Register

Downloads

Open End Fund Pricing  

Last updated on 13 Apr 2021